CHEMBIO DIAGNOSTICS, INC.: 10-Q filed 2017-08-09

Name: CHEMBIO DIAGNOSTICS, INC.: 10-Q filed 2017-08-09
Creator: CHEMBIO DIAGNOSTICS, INC.

What CHEMBIO DIAGNOSTICS, INC. reported in its quarterly report filed 2017-08-09 (fiscal Q2 2017): 37 published measures, 105 facts as tagged in accession 0001092662-17-000075.

This filing

Form: 10-Q (quarterly report)
Filed: 2017-08-09
Fiscal period: fiscal Q2 2017
Accession: 0001092662-17-000075 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All CHEMBIO DIAGNOSTICS, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2017-06-30	19,596,276	USD
At 2016-12-31	20,575,236	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2017-06-30	4,198,782	USD
At 2016-12-31	3,405,650	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2017-06-30	15,397,494	USD
At 2016-12-31	17,169,586	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2017-06-30	3,691,783	USD
At 2016-12-31	10,554,464	USD
At 2016-06-30	1,439,869	USD
At 2015-12-31	5,376,931	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-2,173,093	USD	91
2017-01-01 to 2017-06-30	-3,788,667	USD	181
2016-04-01 to 2016-06-30	-8,347,482	USD	91
2016-01-01 to 2016-06-30	-8,651,072	USD	182

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	-5,456,787	USD	181
2016-01-01 to 2016-06-30	-3,856,555	USD	182

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	0	USD	181
2016-01-01 to 2016-06-30	5,370	USD	182

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	-1,405,894	USD	181
2016-01-01 to 2016-06-30	-85,877	USD	182

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2017-06-30	-47,461,132	USD
At 2016-12-31	-43,672,465	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	12,299,122	shares	91
2017-01-01 to 2017-06-30	12,284,979	shares	181
2016-04-01 to 2016-06-30	9,667,543	shares	91
2016-01-01 to 2016-06-30	9,649,612	shares	182

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	12,299,122	shares	91
2017-01-01 to 2017-06-30	12,284,979	shares	181
2016-04-01 to 2016-06-30	9,667,543	shares	91
2016-01-01 to 2016-06-30	9,649,612	shares	182

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-0.18	USD/shares	91
2017-01-01 to 2017-06-30	-0.31	USD/shares	181
2016-04-01 to 2016-06-30	-0.86	USD/shares	91
2016-01-01 to 2016-06-30	-0.9	USD/shares	182

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-0.18	USD/shares	91
2017-01-01 to 2017-06-30	-0.31	USD/shares	181
2016-04-01 to 2016-06-30	-0.86	USD/shares	91
2016-01-01 to 2016-06-30	-0.9	USD/shares	182

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	0	USD	91
2017-01-01 to 2017-06-30	0	USD	181
2016-04-01 to 2016-06-30	5,962,818	USD	91
2016-01-01 to 2016-06-30	5,800,818	USD	182

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2017-06-30	2,093,494	USD
At 2016-12-31	1,709,321	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	209,609	USD	181
2016-01-01 to 2016-06-30	146,265	USD	182

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-2,180,815	USD	91
2017-01-01 to 2017-06-30	-3,809,771	USD	181
2016-04-01 to 2016-06-30	-2,385,974	USD	91
2016-01-01 to 2016-06-30	-2,854,128	USD	182

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2017-06-30	14,135,049	USD
At 2016-12-31	18,113,526	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2017-06-30	3,862,792	USD
At 2016-12-31	3,405,650	USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

Period	Value	Unit
At 2017-06-30	1,571,104	USD
At 2017-01-09	1,503,361	USD
At 2016-12-31	0	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2017-06-30	1,588,968	USD
At 2016-12-31	0	USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

Period	Value	Unit	Days
At 2017-06-30	4,671,627	USD
At 2016-12-31	3,383,729	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	4,091,786	USD	91
2017-01-01 to 2017-06-30	8,826,694	USD	181
2016-04-01 to 2016-06-30	3,966,279	USD	91
2016-01-01 to 2016-06-30	7,599,981	USD	182

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2017-06-30	4,993,951	USD
At 2016-12-31	3,335,188	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	1,910,971	USD	91
2017-01-01 to 2017-06-30	5,016,923	USD	181
2016-04-01 to 2016-06-30	1,580,305	USD	91
2016-01-01 to 2016-06-30	4,745,853	USD	182

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	2,109,360	USD	91
2017-01-01 to 2017-06-30	4,597,696	USD	181
2016-04-01 to 2016-06-30	1,598,813	USD	91
2016-01-01 to 2016-06-30	3,598,217	USD	182

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	1,982,426	USD	91
2017-01-01 to 2017-06-30	4,228,998	USD	181
2016-04-01 to 2016-06-30	2,367,466	USD	91
2016-01-01 to 2016-06-30	4,001,764	USD	182

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2017-06-30	12,299,122	shares
At 2016-12-31	12,026,847	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2017-06-30	62,611,394	USD
At 2016-12-31	60,721,783	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2017-06-30	777,688	USD
At 2016-12-31	840,145	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-2,173,093	USD	91
2017-01-01 to 2017-06-30	-3,788,667	USD	181
2016-04-01 to 2016-06-30	-2,384,664	USD	91
2016-01-01 to 2016-06-30	-2,850,254	USD	182

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	-2,048,852	USD	91
2017-01-01 to 2017-06-30	-3,664,426	USD	181
2016-04-01 to 2016-06-30	-8,347,482	USD	91
2016-01-01 to 2016-06-30	-8,651,072	USD	182

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	773,566	USD	181
2016-01-01 to 2016-06-30	580,159	USD	182

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2017-04-01 to 2017-06-30	7,722	USD	91
2017-01-01 to 2017-06-30	21,104	USD	181
2016-04-01 to 2016-06-30	1,310	USD	91
2016-01-01 to 2016-06-30	3,874	USD	182

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	0	USD	181
2016-01-01 to 2016-06-30	5,800,818	USD	182

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	1,287,898	USD	181
2016-01-01 to 2016-06-30	2,156,582	USD	182

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2017-01-01 to 2017-06-30	1,658,763	USD	181
2016-01-01 to 2016-06-30	-96,206	USD	182

Inspect the source

Entity: CHEMBIO DIAGNOSTICS, INC. / CIK 0001092662
Captured: 2026-09-22 19:40 UTC
SEC response SHA-256: f4e40937d0d95fb11dba8f52939536a64af75af5fd3640d428deb7a120351716

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python

import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001092662.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))